Page 12 - PGA Community News - October '24

Page 12, PGA C.A.N.! October 2024 October 2024
Palm Beach County Property Appraiser

Dear Taxpayer, copy of your Federal 1040 • Paraplegic
Welcome fall! Tax Form or your Social • Hemiplegic
The end of the 2024 tax Security 1099 Form. The • Legally blind
year is fast approaching! This county’s senior exemption • Total and permanent disability, requires wheelchair
month, my office will certify does not apply to other for mobility
the ad valorem tax roll to taxing authorities, such as • Total and permanent disability, does not require
the Palm Beach County Tax the school district and other wheelchair for mobility
Collector’s Office. The Tax municipalities. Some of these exemptions have income limitations.
Collector will mail the 2024 In addition to the Visit our website at pbcpao.gov for more information
tax bills on Nov. 1. countywide exemption, on these exemptions or to download and print forms.
It is also petition season. some municipalities offer You can always call us at (561) 355-2866 or email us at
Hearings are beginning for additional tax savings. myexemption@pbcpao.gov.
property owners who filed a petition because they disagree Boynton Beach – $25,000
with their property assessment or denied exemption. They are Delray Beach – $25,000 Did You Know? We Call To
led by the Palm Beach County Clerk of the Circuit Court & Greenacres – $5,000
Comptroller’s Value Adjustment Board (VAB). On average, Haverhill – $50,000 Verify Sales Data
the number of petitions filed in Palm Beach County is low, Juno Beach – $50,000
typically less than 1 percent of the total parcels in the county. Jupiter – $50,000 Our work entails setting the market value for each
As we move into the final months of the year, I’d like Jupiter Inlet Colony – property, and so property sales data is an important tool to
to remind all property owners to review their homestead $50,000 show where the market is in Palm Beach County. Before
exemption status to determine whether they might qualify Lake Park – $10,000 we use sales data, we first make sure that the details of each
for additional property tax saving benefits. There are several Lake Worth Beach – $25,000 sale reflect the market. Only sales that meet the definition
other exemptions such as those for seniors, the disabled, Lantana – $25,000 of market value are used in developing estimates of market
and members of the armed forces. You can research them Loxahatchee Groves – value for similar properties.
all at pbcpao.gov. $50,000 To verify sales information, our appraisers regularly
Also in this month’s newsletter, a note on sales verification, North Palm Beach – $25,000 contact the market participants (sellers, buyers, brokers,
an important process that helps inform our valuations. Palm Beach Gardens – $25,000 attorneys, etc.) involved with real estate sales. We try to
I hope you find this information useful and your autumn Palm Springs – $25,000 obtain details regarding property sales from someone directly
enjoyable. Royal Palm Beach – $5,000 involved with each transaction. We then use this data to
Respectfully, South Palm Beach – $25,000 determine which sales represent market value and will be
Dorothy Jacks, CFA, FIAAO, AAS, Tequesta – $25,000 used in the development of property appraisals.
Palm Beach County Property Appraiser Wellington – $50,000 Answering our questions about property sales gives our
West Palm Beach – $25,000 office reliable data from which we can then create appraisals
The city of Boynton Beach also offers a Super Senior that are fair, equitable, and reflect the market.
exemption for those who meet the qualifications of the limited
income senior citizen exemption and who have: Offices Open On Columbus Day
• Maintained the ownership and have been a permanent
residence of the property for at least 25 years. The Palm Beach County Property Appraiser’s Office
• A property with a market value of less than $250,000 at (including all of our Service Centers) will be open on
the time of application. Columbus Day, Monday, Oct. 14.
Widow/Widower Exemption
Florida grants a $5,000 exemption to widows and
widowers. You will be asked to submit a copy of the
deceased spouse’s death certificate. If the surviving
spouse remarries, they are no longer eligible to receive
the additional exemption.
Living Quarters Of Parents Or Grandparents Exemption
(Also Known At The Granny Flat Exemption)
Homesteaded property owners who add living quarters
for a parent or grandparent can apply to have all or part of the
Members of the Palm Beach County Property Appraiser’s value of this new construction deducted from the assessment.
Office at the International Association of Assessing Officers Civilian Disability Exemptions
(IAAO) Annual Conference; Property Appraiser Dorothy Full or partial exemptions are available for individuals
Jacks, CFA, FIAAO, AAS is on the far right and IAAO with the following disabilities:
President Rebecca Malmquist, CAE is in the center. • Quadriplegic
Additional Exemptions

Property owners may be eligible for additional
exemptions. In order to qualify for the following additional
exemptions, you must have a homestead exemption on
your property.
Limited Income Senior Exemption
A $25,000 exemption is available to those 65 or
older with an adjusted gross income below $36,614,
not including tax-exempt bond interest or non-taxable
social security income. You will be asked to provide a
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